The chart shows a strong bearish trend for $NEIRO /USDT. The price has been steadily declining over the past few days, breaking through several support levels. The current price is at $0.00247220, and the 24-hour low is at $0.00225350. This indicates a significant downward momentum.

Support and Resistance Levels:

Strong Support: The current price level of $0.00247220 could act as a strong support level. If the price dips below this level, it could signal further downward movement.

Key Resistance: The 24-hour high of $0.00278000 is the next major resistance level. If the price breaks through this level, it could signal a reversal of the bearish trend.

Entry Signal:

A potential entry signal for a short position could be a break below the $0.00247220 support level. This could indicate that the bearish trend is continuing, and the price is likely to fall further.

Additional Considerations:

Trading Volume: The 24-hour trading volume for NEIRO/USDT is 231.91B, indicating high trading activity. This suggests that the market is actively participating in the price movement.

Market Sentiment: The market sentiment for NEIRO/USDT is currently bearish. This is evident from the recent price action and the high trading volume.#USInflationAboveTarget #CPIUpdateOctober #TrumpNominatesMuskDOGE #MidNovemberMarket #Write2Earn!